Hacker News Reader

Comment by cabaalis | Hacker News Reader

States solving their own problems. If it's also properly funded by the state, it's the way it should be.

It says it will be funded by a 10% VAT.

Which is only a couple percent more than existing sales tax

Current sales tax is ~7.5%. Sales + VAT will be 17.5%, right?

For reference, VAT in the UK is 20%

Alameda County sales tax is currently 9.75%. So 19.75% with VAT.

that's how I interpret that.